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Kensington Bank
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Public profile — unclaimed
Kensington Bank — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Kensington Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
153
2010 – 2025
Approved $
$40.0M
across all programs
Avg loan size
$261K
median $120K
Top industry
Full-Service Restaurants
12 loans · 8%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
153
Approved
$40.0M
Avg size
$261K
Range
$5K – $2.7M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
Full-Service Restaurants
12
Gasoline Stations with Convenience Stores
5
General Automotive Repair
5
Insurance Agencies and Brokerages
5
All Other Specialty Trade Contractors
4
Automotive Parts and Accessories Stores
4
Loan records · Kensington Bank
153 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
RAK Const., LLC
Kensington Bank
Willmar, MN
56201
$2,700,000
$1.4M
7(a)
New Single-Family Housing Construction (except Operative Builders)
2018-01-25
Koosman Design-Build LLC
Kensington Bank
Willmar, MN
56201
$2,700,000
$386K
7(a)
New Single-Family Housing Construction (except Operative Builders)
2018-04-16
B.J. Bayer Properties LLP
Kensington Bank
Sauk Centre, MN
56378
$2,550,500
$24K
7(a)
Wood Kitchen Cabinet and Countertop Manufacturing
2011-12-15
NMB SERVICES, INC.
Kensington Bank
Wilmar, MN
56201
$2,000,000
$27K
7(a)
Other Computer Related Services
2008-04-02
RUNSTONE MANUFACTURING OF KEN
Kensington Bank
Kensignton, MN
56343
$1,326,000
—
7(a)
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
2002-09-25
H & S DRYWALL INC.
Kensington Bank
Cokato, MN
55321
$1,300,000
—
7(a)
Drywall and Insulation Contractors
2004-05-20
GARB'S SALES, INC.
Kensington Bank
Kensington, MN
56343
$1,242,200
—
7(a)
Farm Supplies Merchant Wholesalers
2003-04-08
The Sound Connection, Inc
Kensington Bank
Waite Park, MN
56387
$794,500
$53K
7(a)
Automotive Parts and Accessories Stores
2022-01-07
GLASS & MIRROR OUTLET, INC.
Kensington Bank
Hopkins, MN
55324
$762,500
$76K
7(a)
Other Personal and Household Goods Repair and Maintenance
2010-03-26
B & P DRYWALL & CONSTRUCTION LLC
Kensington Bank
Cokato, MN
55321
$750,000
—
7(a)
Drywall and Insulation Contractors
2007-01-08
KIRK ASPLIN
Kensington Bank
Cokato, MN
55321
$750,000
—
7(a)
Gasoline Stations with Convenience Stores
2004-02-02
K&C Foreign Auto Parts
Kensington Bank
Rockville, MN
56369
$680,000
$113K
7(a)
Recyclable Material Merchant Wholesalers
2021-06-25
DANIEL'S FAMILY RESTAURANT LLC.
Kensington Bank
Cokato, MN
55321
$620,000
—
7(a)
Full-Service Restaurants
2003-06-26
BEYER'S TIRE & REPAIR, INC.
Kensington Bank
Elbow Lake, MN
56531
$600,000
—
7(a)
Automotive Parts and Accessories Stores
2005-08-24
WILD RICE SEED & INSURANCE AGENCY, LLC
Kensington Bank
Ada, MN
56510
$562,700
$563K
7(a)
Farm Supplies Merchant Wholesalers
2010-08-04
Harlan and Mary Anderson
Kensington Bank
Cokato, MN
55321
$551,400
$110K
7(a)
Oilseed and Grain Combination Farming
2018-04-18
Blackhawk Coffee Collective
Kensington Bank
Minneapolis, MN
55404
$540,000
$27K
7(a)
Limited-Service Restaurants
2018-11-28
DP Pedersen Enterprises, Inc.
Kensington Bank
Litchfield, MN
55355
$537,000
$537K
7(a)
Other Building Material Dealers
2017-04-26
Root Bean Inc
Kensington Bank
Minneapolis, MN
55402
$535,000
$67K
7(a)
All Other Specialty Food Stores
2018-04-11
MPQ, Inc
Kensington Bank
Alexandria, MN
56308
$533,700
$18K
7(a)
Limited-Service Restaurants
2014-12-04
MATT'S DISCOUNT AUTOMOTIVE REP
Kensington Bank
Alexandria, MN
56308
$506,500
—
7(a)
General Automotive Repair
2004-01-30
AM Electrical Systems Inc
Kensington Bank
Kerkhoven, MN
56252
$500,000
$31K
7(a)
Electrical Contractors
2023-03-20
FUNKY'S RESTAURANT
Kensington Bank
Melrose, MN
56352
$470,000
—
7(a)
Full-Service Restaurants
2003-09-29
R.R.J ENTERPRISES
Kensington Bank
Alexandria, MN
56308
$408,300
—
7(a)
General Automotive Repair
2005-02-09
MG Insurance INC
Kensington Bank
Willmar, MN
56201
$375,000
—
7(a)
Insurance Agencies and Brokerages
2018-03-20
RAK Const., LLC
Willmar, MN · 56201
$2,700,000
7(a)
Kensington Bank
$1.4M/job · 2018-01-25
Koosman Design-Build LLC
Willmar, MN · 56201
$2,700,000
7(a)
Kensington Bank
$386K/job · 2018-04-16
B.J. Bayer Properties LLP
Sauk Centre, MN · 56378
$2,550,500
7(a)
Kensington Bank
$24K/job · 2011-12-15
NMB SERVICES, INC.
Wilmar, MN · 56201
$2,000,000
7(a)
Kensington Bank
$27K/job · 2008-04-02
RUNSTONE MANUFACTURING OF KEN
Kensignton, MN · 56343
$1,326,000
7(a)
Kensington Bank
2002-09-25
H & S DRYWALL INC.
Cokato, MN · 55321
$1,300,000
7(a)
Kensington Bank
2004-05-20
GARB'S SALES, INC.
Kensington, MN · 56343
$1,242,200
7(a)
Kensington Bank
2003-04-08
The Sound Connection, Inc
Waite Park, MN · 56387
$794,500
7(a)
Kensington Bank
$53K/job · 2022-01-07
GLASS & MIRROR OUTLET, INC.
Hopkins, MN · 55324
$762,500
7(a)
Kensington Bank
$76K/job · 2010-03-26
B & P DRYWALL & CONSTRUCTION LLC
Cokato, MN · 55321
$750,000
7(a)
Kensington Bank
2007-01-08
KIRK ASPLIN
Cokato, MN · 55321
$750,000
7(a)
Kensington Bank
2004-02-02
K&C Foreign Auto Parts
Rockville, MN · 56369
$680,000
7(a)
Kensington Bank
$113K/job · 2021-06-25
DANIEL'S FAMILY RESTAURANT LLC.
Cokato, MN · 55321
$620,000
7(a)
Kensington Bank
2003-06-26
BEYER'S TIRE & REPAIR, INC.
Elbow Lake, MN · 56531
$600,000
7(a)
Kensington Bank
2005-08-24
WILD RICE SEED & INSURANCE AGENCY, LLC
Ada, MN · 56510
$562,700
7(a)
Kensington Bank
$563K/job · 2010-08-04
Harlan and Mary Anderson
Cokato, MN · 55321
$551,400
7(a)
Kensington Bank
$110K/job · 2018-04-18
Blackhawk Coffee Collective
Minneapolis, MN · 55404
$540,000
7(a)
Kensington Bank
$27K/job · 2018-11-28
DP Pedersen Enterprises, Inc.
Litchfield, MN · 55355
$537,000
7(a)
Kensington Bank
$537K/job · 2017-04-26
Root Bean Inc
Minneapolis, MN · 55402
$535,000
7(a)
Kensington Bank
$67K/job · 2018-04-11
MPQ, Inc
Alexandria, MN · 56308
$533,700
7(a)
Kensington Bank
$18K/job · 2014-12-04
MATT'S DISCOUNT AUTOMOTIVE REP
Alexandria, MN · 56308
$506,500
7(a)
Kensington Bank
2004-01-30
AM Electrical Systems Inc
Kerkhoven, MN · 56252
$500,000
7(a)
Kensington Bank
$31K/job · 2023-03-20
FUNKY'S RESTAURANT
Melrose, MN · 56352
$470,000
7(a)
Kensington Bank
2003-09-29
R.R.J ENTERPRISES
Alexandria, MN · 56308
$408,300
7(a)
Kensington Bank
2005-02-09
MG Insurance INC
Willmar, MN · 56201
$375,000
7(a)
Kensington Bank
2018-03-20
1–25 of 153
Page 1 of 7
Where Kensington Bank lends
APPROVAL CONCENTRATION
TOP STATES
MN
153